Teacher Retirement System of Texas lowered its position in Take-Two Interactive Software Inc (NASDAQ:TTWO) by 84.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 29,068 shares of the company’s stock after selling 154,913 shares during the period. Teacher Retirement System of Texas’ holdings in Take-Two Interactive Software were worth $3,191,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Louisiana State Employees Retirement System grew its holdings in shares of Take-Two Interactive Software by 1.8% in the fourth quarter. Louisiana State Employees Retirement System now owns 28,900 shares of the company’s stock worth $3,173,000 after acquiring an additional 500 shares during the period. US Bancorp DE grew its holdings in shares of Take-Two Interactive Software by 42.8% in the fourth quarter. US Bancorp DE now owns 1,689 shares of the company’s stock worth $185,000 after acquiring an additional 506 shares during the period. Bfsg LLC grew its holdings in Take-Two Interactive Software by 26.4% during the fourth quarter. Bfsg LLC now owns 2,859 shares of the company’s stock valued at $314,000 after purchasing an additional 598 shares during the period. Huntington National Bank grew its holdings in Take-Two Interactive Software by 75.0% during the fourth quarter. Huntington National Bank now owns 1,419 shares of the company’s stock valued at $156,000 after purchasing an additional 608 shares during the period. Finally, Oakbrook Investments LLC grew its holdings in Take-Two Interactive Software by 7.0% during the fourth quarter. Oakbrook Investments LLC now owns 9,500 shares of the company’s stock valued at $1,043,000 after purchasing an additional 625 shares during the period. 91.31% of the stock is owned by institutional investors.
Take-Two Interactive Software Inc (NASDAQ:TTWO) traded down $4.26 during midday trading on Wednesday, hitting $109.23. The stock had a trading volume of 5,457,438 shares, compared to its average volume of 2,700,000. The company has a market capitalization of $12,500.00, a price-to-earnings ratio of 67.84, a price-to-earnings-growth ratio of 3.10 and a beta of 0.96. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.17 and a current ratio of 1.18. Take-Two Interactive Software Inc has a 1 year low of $56.50 and a 1 year high of $129.25.
Take-Two Interactive Software (NASDAQ:TTWO) last released its quarterly earnings data on Wednesday, February 7th. The company reported $1.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.84 by $0.34. The firm had revenue of $653.94 million during the quarter, compared to analyst estimates of $669.08 million. Take-Two Interactive Software had a return on equity of 27.78% and a net margin of 9.43%. sell-side analysts forecast that Take-Two Interactive Software Inc will post 2.45 earnings per share for the current fiscal year.
TTWO has been the subject of several recent research reports. Morgan Stanley initiated coverage on Take-Two Interactive Software in a report on Thursday, February 1st. They set an “overweight” rating and a $150.00 price target for the company. ValuEngine lowered Take-Two Interactive Software from a “buy” rating to a “hold” rating in a report on Friday, December 1st. BidaskClub raised Take-Two Interactive Software from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 13th. CIBC reissued an “outperform” rating and set a $135.00 price target (up previously from $112.00) on shares of Take-Two Interactive Software in a report on Tuesday, November 21st. Finally, Oppenheimer boosted their price target on Take-Two Interactive Software from $112.00 to $135.00 and gave the company an “outperform” rating in a report on Tuesday, November 21st. Six investment analysts have rated the stock with a hold rating and nineteen have given a buy rating to the stock. Take-Two Interactive Software currently has a consensus rating of “Buy” and a consensus price target of $123.48.
In related news, Director Michael Sheresky sold 428 shares of the business’s stock in a transaction dated Friday, February 16th. The stock was sold at an average price of $108.11, for a total value of $46,271.08. The transaction was disclosed in a filing with the SEC, which is available through this link. 1.55% of the stock is currently owned by insiders.
About Take-Two Interactive Software
Take-Two Interactive Software, Inc is a developer, publisher and marketer of entertainment for consumers around the world. The Company develops and publishes products through its labels, Rockstar Games and 2K. It operates through publishing segment. It has a portfolio of software content for the hardware platforms in a range of genres, including action, adventure, family/casual, racing, role-playing, shooter, sports and strategy, which it distributes across the world.
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